Insights into Mineralys Therapeutics's Upcoming Earnings

Mineralys Therapeutics, Inc. -1.41%

Mineralys Therapeutics, Inc.

MLYS

12.62

-1.41%

Mineralys Therapeutics (NASDAQ:MLYS) is set to give its latest quarterly earnings report on Monday, 2024-11-11. Here's what investors need to know before the announcement.

Analysts estimate that Mineralys Therapeutics will report an earnings per share (EPS) of $-0.83.

Anticipation surrounds Mineralys Therapeutics's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

Last quarter the company missed EPS by $0.13, which was followed by a 22.82% drop in the share price the next day.

Here's a look at Mineralys Therapeutics's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.70 -0.67 -0.82 -0.76
EPS Actual -0.83 -0.70 -0.61 -0.57
Price Change % -23.0% -5.0% -2.0% -7.000000000000001%

eps graph

Performance of Mineralys Therapeutics Shares

Shares of Mineralys Therapeutics were trading at $14.16 as of November 07. Over the last 52-week period, shares are up 124.06%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Mineralys Therapeutics visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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